Market Analysis Week of 1-6-2025
Quiet Week For Mortgage Markets
With a lack of major economic news, it was a relatively quiet week for mortgage markets. Rates ended slightly lower but remain near their highest levels since May.
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Market Analysis Week of 12-23-2024
Inflation Eases, Spending Surges
There was one final week this year packed with major economic news, and it was a wild one. On the negative side for mortgage markets, the Fed sharply scaled back its outlook for monetary policy easing, and cons...
Market Analysis Week of 12-16-2024
Inflation In Focus
Investors were focused on the inflation data last week. The latest results were essentially in line with expectations, but mortgage rates moved higher.
Core CPI Holds Steady
The Consumer Price Index (CPI) is one ...
December Update – Mortgage Rate Forecast
Welcome to my December newsletter, featuring personal insights, advice on mortgage rates, and economic news affecting our local housing market.
The Next Interest Rate Cut
Strong job numbers created a chain reaction that drove the NA...
Market Analysis Week of 12-09-2024
Mortgage Rates Remain Steady
While last week was a big week for economic news, the major reports did not cause much reaction. As a result, mortgage rates ended with little change.
Job Market Rebounds Stronger Than Expected
Disrupte...
Market Analysis Week of 11-25-2024
Mortgage Rates Hold Steady
With a lack of major economic data outside of the housing sector, last week was a quiet week for mortgage markets, and rates ended with little change.
Home Sales Rise
In October, sales of existing homes r...
Market Analysis Week of 11-18-2024
Consumer Spending Surges
Stronger than expected economic data was unfavorable for mortgage markets last week. While the latest inflation data was close to expectations overall, consumer spending displayed surprising strength. As a result, mort...
Market Analysis Week of 11-11-2024
Election Shakes Up Mortgage Rates
Not surprisingly, the election had the largest influence on mortgage rates during the highly volatile week last week. The Fed meeting produced the expected outcome and had little impact. In the end, mortgage r...